. The weighted-average number of shares outstanding during the period for all periods (other than conversion of potential ordinary shares) shall be adjusted for a. Any convertible instrument settled in cash b. Any prior period adjustment c. Any change in the number of ordinary shares without a change in resources d. Any new issue of shares for cash
. The weighted-average number of shares outstanding during the period for all periods (other than conversion of potential ordinary shares) shall be adjusted for a. Any convertible instrument settled in cash b. Any prior period adjustment c. Any change in the number of ordinary shares without a change in resources d. Any new issue of shares for cash
Chapter23: Corporate Restructuring
Section: Chapter Questions
Problem 8QTD
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4. The weighted-average number of shares outstanding during the period for all periods (other than conversion of potential ordinary shares) shall be adjusted for
a. Any convertible instrument settled in cash
b. Any prior period adjustment
c. Any change in the number of ordinary shares without a change in resources
d. Any new issue of shares for cash
5. Understating purchase discounts, returns and allowances has the effect of:
a. Overstating goods available for sale
b. No effect
c. Overstating net income
d. Understating cost of sales
6. What is the inherent justification underlying the concept of potential ordinary shares or diluters in computing diluted earnings per share?
a. Timeliness
b. Materiality
c. Completeness
d. Substance over form
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